Mumbai: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) received an overall positive rating in the recent Vendor Assessment Report, based on a holistic assessment by Gartner Inc..
The report gave TCS a high rating in technology/methodology. Additionally, it received positive reviews in the Product/Service, Support/Account Management, Pricing Structure, Strategy, and Business Viability categories.
“We are delighted with this result of the overall positive rating for TCS, which is the result of our continued commitment to business innovation, superior execution and leading customer satisfaction in all markets.,” said N Ganapathy Subramaniam, Chief Operating Officer and Executive Director, TCS. “Our organizational model continues to be ahead of the curve; the investments we make in our people, our methodologies, our toolkits, coupled with our research into cutting-edge technology areas, allow us to differentiate our products and services as we steadily progress towards our Net Zero commitment.”
TCS partners with some of the world’s leading companies in their innovation, growth and transformation initiatives. Its growth at the forefront of the industry over the past decade is due to the continuous search for new opportunities to add value to customers, the proactive investment in new capabilities, the reskilling of its workforce work and the launch of new services, solutions, products and platforms.
Over the past few years, TCS has used its investments in research and innovation, its intellectual property and its deep contextual knowledge of the client’s business and technology landscape to proactively deliver ideas and solutions designed to improve their bottom line. business and contribute to competitive differentiation. This strategy has resulted in deep and lasting customer relationships, a dynamic and engaged workforce, industry-leading profitability, steady addressable market expansion, and a proven track record of creating value at long term for stakeholders.
TCS has invested heavily in research and innovation, taking up leading themes in each industry to envision and design innovative solutions that are proactively presented to customers. TCS’ global network of Pace Port™ Advanced Research and Co-Innovation Centers based in New York, Pittsburgh, Toronto, Amsterdam and Tokyo, helps customers drive innovation quickly and at scale. These hubs are also home to researchers and members of TCS’ extended innovation ecosystem of start-ups and universities.
TCS has developed strong partnerships with leading technology vendors around the world, helping customers adopt next-generation technology solutions to stay ahead. Its comprehensive multidisciplinary business units dedicated to each of the hyperscaler clouds offer their customers a comprehensive suite of services and solutions around cloud transformation and management.
Additionally, TCS has invested in organic talent development to stay ahead of technological changes. In June 2022, more than 497,000 employees were trained in digital technologies and more than 551,000 employees in agile methodologies. Its organic talent development initiatives have led to superior learning outcomes and, together with progressive HR policies, resulted in the retention of top talent.